7 Ways to Conserve Electricity to Save Money

The last two months were back to back "green events" celebrations such as Earth Hour (March) and Earth Day (April). But I believe we don't need to do green activities only during these months, but everyday! The proposal is quite simple, UNPLUG to not only conserve energy but also save money!!

Here are some quick facts that we Filipinos have to deal with:

Among the ten countries in Southeast Asia in 2007, the country ranks as having the third highest residential electricity tariffs, fifth highest for commercial, and fourth highest in terms of industrial electricity tariffs (click here for full article)

Filipinos have the highest electricity bills in Asia, and the fifth most expensive in the world. (see here)

The Philippines Faces an Electricity Shortage as the Grid Struggles to Keep Up With Growth (see here)

If you are not the reader type, well I have some examples of friends who pay insane amounts of money for their electrical bill. I have one who lives in the south (Naga Cebu) who pays over Php12,000.00 per month. Another in Cebu City proper who pays a range of Php4,000 to Php6,000 ++ monthly. And that's a pain and a heavy burden to have deducted from your hard-earned paycheck!

Here are some ways to save money on your electricity bills:

Avoid purchasing energy hog, electricity guzzler and vampire devices if possible - Large home appliances like refrigerators, air-conditioning and dryers are typical examples of energy-hungry devices, but energy hogs don’t necessarily need to be large in size. Small devices are also collectively sucking a lot of energy from the power grid, and as these devices become commonplace their energy consumption rises exponentially (Vampire devices: computer speakers & LCD, printers, battery/smartphone chargers; Always on: router/dsl, cable/converter boxes).

Buy energy-efficient products - Use energy efficient devices wherever appropriate. What does that mean? It means you can start by replacing an appliance (Refrigerator) to the same appliance but with a lower electricity consumption. Replace yellow bulbs or florescent light with CFLs is another example! You can switch to a solar chargers for instance.

UNPLUGand/or Switch off - If you already have electricity hogs and vampire devices, and it's too costly for now to replace them, then another solution is to unplug. Electronics and appliances continue sapping energy while plugged-in, even when it is switched off or on "stand by mode."

Defrost - the air conditioning or the fridge; Frost build up and dirty coils force the compressor to work harder, so do/schedule clean-up rounds regularly.

Cover-up - a low tech yet effective solution on cooling costs is by blocking the sun's heat with curtains! And then you can easily un-cover it up if you need natural sunlight. This also applies for the fridge, for you need to check if the door seal still works if not, it will consume more energy due temperature leakage.

Use Gas - it's a trade-off for now, I know it's fossil fuels but it's better than burning wood. Use gas-powered stoves, ovens and water heaters, instead of electric counterparts; unless you have successfully gone off-grid and with solar powering your house.

Favor Fans - Cut down on your air conditioner use as much as you can by using the alternative electric fan. You can take this up even further by going "manual" fanning (with free arm exercise!).

Let's see the numbers to make it a bit more convincing:
Say these are the typical home scenario with consumption assumptions (wattage data source: here and here)

Incandescent Light Bulbs = 60 watts x12 bulbs in a home with average usage of 360 hours per month

DVD player = Off – Average Watts: 1.55 (x48 hours per month); On – Average Watts: 7.54 (x4 hours per month)

Notebook computer = Off – Average Watts: 8.90 (x48 hours per month); On – Average Watts: 29.48 (x4 hours per month) - assuming you use this on weekends only

That's still a pain to one's pocket but at least you saved about Php48,900.48 per year!!! YEY!

Well, that's just my theoretical calculations, feel free to point out any mistakes so I can correct. :)

Do you see the difference? If people pay attention to the little changes in consumption, usage the substitute lights or fans in equipment, there is a lot in energy-efficiency gain! Which also means a lot of money saved which could have been used for other things like for start-up capital, franchise, business, baboyan, insurance, health plan, emergency funds, mutual funds, stock market investments or the like!

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About This Blog

Vernon Joseph Go is a Corporate Mad Hatter passionate about learning, technology, simplified finance as well as Inclusive Businesses through Social Entre/Intrapreneurship Development by bridging purpose and profit.